UBS Group set a GBX 1,660 ($23.31) target price on easyJet (LON:EZJ) in a research note released on Thursday, January 11th, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
A number of other equities research analysts have also issued reports on the company. Liberum Capital restated a sell rating and issued a GBX 1,100 ($15.45) price target on shares of easyJet in a research report on Monday, November 6th. JPMorgan Chase & Co. reiterated an underweight rating and issued a GBX 1,380 ($19.38) price objective on shares of easyJet in a report on Monday, October 9th. reiterated a buy rating and issued a GBX 1,500 ($21.06) price objective on shares of easyJet in a report on Thursday, October 19th. Redburn Partners restated a buy rating and set a GBX 1,900 ($26.68) price target on shares of easyJet in a research note on Monday, November 27th. Finally, Deutsche Bank restated a hold rating on shares of easyJet in a research note on Tuesday, October 3rd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company. easyJet presently has an average rating of Hold and an average price target of GBX 1,533.42 ($21.53).
easyJet (LON:EZJ) traded down GBX 14.50 ($0.20) during trading hours on Thursday, reaching GBX 1,653 ($23.21). The company’s stock had a trading volume of 1,869,404 shares, compared to its average volume of 1,940,000. easyJet has a 52 week low of GBX 906.39 ($12.73) and a 52 week high of GBX 1,695.67 ($23.81). The stock has a market cap of $6,570.00 and a price-to-earnings ratio of 2,204.00.
The firm also recently announced a dividend, which will be paid on Friday, March 23rd. Stockholders of record on Thursday, March 1st will be paid a dividend of GBX 40.90 ($0.57) per share. The ex-dividend date is Thursday, March 1st. This represents a dividend yield of 3%.
In related news, insider Johan Lundgren purchased 20,000 shares of easyJet stock in a transaction dated Wednesday, December 6th. The stock was bought at an average cost of GBX 1,442 ($20.25) per share, for a total transaction of £288,400 ($404,999.30). Also, insider Andrew Findlay purchased 115 shares of easyJet stock in a transaction dated Thursday, November 30th. The shares were bought at an average price of GBX 1,407 ($19.76) per share, with a total value of £1,618.05 ($2,272.22). Insiders have bought 20,249 shares of company stock valued at $29,192,318 in the last quarter.
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easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.
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